Industrial Floor Coatings Market Overview by Industry Chain Information, Upstream Raw Materials & Downstream Industry

Award-winning consulting firm Fact.MR recently published a report on the global market for industrial floor coatings. As per the study, the market is anticipated to register a CAGR of around 3%, reaching almost US$ 7 billion by 2031. Extensive application of industrial floor coatings is likely across the manufacturing industry, attributed to widespread industrialization.

Click HERE to Get Complete Synopsis of the Report- https://www.factmr.com/report/industrial-floor-coatings-market

Significant gains were recorded in the past, with the market being valued at nearly US$ 6 billion in 2019. Recessionary impacts ushered in by the COVID-19 pandemic crisis led to a moderate crunch, closing in at around US$ 5 billion in 2020. Manufacturers are increasingly tilting towards bio-based floor coatings, keeping in mind emerging sustainability trends associated with producing industrial goods.

Roquette Freres, for instance, is a prominent bio-based floor coatings manufacturer, offering the POLYSORB® monomer and the BIOSUCCINUM® bio succinic acid. The former offers high scratch, temperature, and UV resistance, while also imparting excellent surface hardness. Both enable 100% renewable resins and comprise 60-70% renewable materials such as oils or fatty acids.

For detailed insights on enhancing your product footprint, request for a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=6227

“Constant usage of factory premises to ensure continuous supplies across key industries are prompting unit owners to develop robust industrial floors so as to avoid wear and tear, abrasion, and corrosion, prompting increased application of industrial floor coatings,” opines a Fact.MR analyst.

Market Segmentation

BinderType

Epoxy
Polyaspartic
End Use

Manufacturing
Aviation & Transportation
Food Processing
Other End Uses

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=6227

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/6227/S

Key Takeaways from Market Study

Epoxy industrial floor coatings to surpass US$ 4 billion by 2031, expanding at a CAGR of around 4%
Polyaspartic industrial floor coatings to surge at a CAGR of nearly 3% during the forecast period

By end use, industrial floor coatings for the manufacturing sector to experience a volume CAGR of over 5%

The U.S. to generate high growth prospects, surpassing US$ 1 billion in 2020, amid a robust manufacturing sector

Stringent workplace safety rules to pivot demand across China, with the market here expanding at a CAGR of over 6%

The market in Germany to experience moderate growth, expanding at approximately 2% CAGR

For More Insights:
https://www.prnewswire.com/news-releases/zinc-sulphate-manufacturers-to-flourish-across-emerging-markets-china-and-india-to-maintain-lead-in-the-agrochemicals-segment-factmr-301223831.html

Competitive Landscape

Some prominent industrial floor coating manufacturers include BASF SE, PPG Industries, A&I Coatings, Akzo Nobel N.V., Florock Polymer Flooring, Ardex Endura (India) Limited, Pro Maintenance Inc., Grand Polycoats, 3M Company, ArmorPoxy and Roto Polymers, and Chemicals.

In July 2020, Florock Polymer Flooring introduced the FloroStoneTM Cove as part of its decorative epoxy industrial flooring line, which creates a seamless transition from floor-to-wall and eliminates hard-to-reach 90-degree angles along the edges of the floor, limiting accumulation of microbes to provide a more hygienic environment.
In December 2019, BASF SE introduced the MasterTop XTC solution formulated with the XolutecTM technology, an inorganic modified high-density crosslinking polymer that provides seamless cleaning floor cleaning and is also highly user-friendly.

For comprehensive insights on this market adoption, ask an analyst here- https://www.factmr.com/connectus/sample?flag=AE&rep_id=6227

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the industrial floor coatings market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of binder (epoxy and polyaspartic) and end use (manufacturing, aviation & transportation, food processing, and other end uses), across sevenmajor regions of regions (North America, Latin America, Europe,East Asia,South Asia, Oceania, and the Middle East & Africa).

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This release was published on openPR.